letz see what will happen here..
pretty nice down move with a pullback almost to the 38% fib...
we have rsi divergence ..price is touching support from h4/daily ..
we not hit 127% expansion yet but we also do not hit 38% on the point so just give me a good break of that S/R zone to enter a long position
stay patient and WINNING
pretty nice down move with a pullback almost to the 38% fib...
we have rsi divergence ..price is touching support from h4/daily ..
we not hit 127% expansion yet but we also do not hit 38% on the point so just give me a good break of that S/R zone to enter a long position
stay patient and WINNING
Note
thats my favorite scenario....
and i like to add that the daily fib is also in play and price is just above this 38% daily fib..
so the odds are good so far
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.